Why Phil Spencer is wrong to say house prices won't fall.

Phil Spencer is definitely an expert on properties themselves. Apart from being a former Chartered Surveyor, he's an experienced investor and landlord. But that doesn't make him a macro-economist or housing market expert, and that's why I think he should refrain from these articles. This video is a pushback against the overwhelming narrative that the housing market isn't in trouble, because that narrative puts more homes at risk if the market is worsening.Watch the video here: https://youtube.com/live/-RCbAXAa9GEAcadata House Prices: http://www.acadata.co.uk/assets/uploads/2023/11/e.surv-Acadata-House-Price-Index-England-and-Wales-October-2023.pdfMy website: https://mhwc.co.uk/Support the showFollow me on X for daily updates: https://x.com/moving_charlie 🎥 Charlie's Golden rules videos forBuyers: https://www.youtube.com/watch?v=h6T-uZ28a80 Sellers: https://www.youtube.com/watch?v=W9oR28aWLOs  Offering: https://www.youtube.com/watch?v=iZaDs7uZ5Hw 🎥 Playlist of FTB advice - https://www.youtube.com/playlist?list=PLKomt2RI3JYnJ3imNEWjKGkszf_bzqDfe📧 E-mail template for cash offers - https://mhwc.co.uk/email-templates/suggested-email-offer-template-for-cash-buyers/ 📧 E-mail template for FTB mortgaged offers - https://mhwc.co.uk/suggested-email-template-for-first-time-buyers-making-an-offer-with-a-mortgage/ 💰Speak to Charlie’s recommended mortgage brokers - https://mhwc.co.uk/mortgage/🧑‍⚖️ Get a quote from Charlie’s recommended conveyancers - https://mhwc.co.uk/conveyancing/ ...